Piramal-Bain ARC venture calls it quits

November 18, 2024

Piramal Enterprises Ltd and Bain Capital Credit have relinquished their license for India Resurgence Asset Reconstruction Company to the Reserve Bank of India. Regulatory obstacles and a shrinking pool of distressed assets have made the ARC business less appealing, leading to increased exits from the market.

More To Explore

Capital Infra Trust sets price band at Rs 99-100 per unit; IPO to open next week

Capital Infra Trust, sponsored by Gawar Construction Ltd, sets a price band of Rs 99-100 per unit for its Rs 1,578-crore IPO opening on January

January 3, 2025

Dolly Khanna picks up 1.16% stake in smallcap Indian Metals & Ferro Alloys

Indian Metals & Ferro Alloys stock traded above its 50-day and 200-day SMAs of Rs 821 and Rs 729, respectively, but remained volatile with a

January 3, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003